THE WHAT? Luxury fashion brand Tom Ford is said to be exploring the possibility of putting itself up for sale and has called in Goldman Sachs to lay the groundwork, according to a report published by Bloomberg quoting sources ‘familiar with the matter’.
THE DETAILS The brand is valued at ‘several billion dollars’, and the deal could include the right to work with the eponymous Founder post-acquisition, Bloomberg reports. Both Tom Ford and Goldman Sachs declined to comment when contacted by the news outlet.
THE WHY? Luxury brands have proven resilient throughout the pandemic and in the face of inflation with demand remaining strong. Presumably, Ford is weighing up the benefits of cashing in on his runaway success.
Aesthetic products generally refer to a broad category of items designed to enhance or improve one's appearance, often focusing on skincare, beauty, and personal grooming. These products are typically used to maintain or enhance physical attractiveness and may include a wide range of items intended for both professional and personal use. Here are some common types of aesthetic products:
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Skincare Products: Including cleansers, moisturizers, serums, and treatments designed to address various skin concerns such as acne, aging, hyperpigmentation, and sensitivity.
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Cosmetics: Makeup products such as foundations, concealers, eyeliners, lipsticks, and eyeshadows used to enhance facial features and achieve desired looks.
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Hair Care Products: Shampoos, conditioners, styling products, and treatments to maintain and improve the health and appearance of hair.
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Fragrances: Perfumes and colognes used to enhance personal scent and attractiveness.
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Dental Care Products: Toothpaste, mouthwash, whitening treatments, and dental floss aimed at maintaining oral hygiene and enhancing smile aesthetics.
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Personal Grooming Tools: Including razors, electric shavers, trimmers, and grooming kits used for hair removal and personal hygiene.
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Beauty Devices: Devices such as facial cleansing brushes, LED light therapy masks, and microcurrent devices designed for at-home skincare treatments.
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Nutritional Supplements: Supplements aimed at promoting skin health, hair growth, and overall well-being, often containing vitamins, minerals, and antioxidants.
